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Learn more about the Master of Real Estate Development and talk with a recruiting specialist by calling 520-621-9819 or completing this form:
The Master of Real Estate Development (MRED) program recruits students with great potential and prepares them to become responsible property investors and developers.
Earn the MRED in person or online. Full-time students can finish in three semesters, while working professionals have the opportunity to complete the degree at their own pace.
Our expert faculty will prepare you for a rewarding career in the real estate investment and development market.
What You'll Learn
In the Master of Real Estate Development, you’ll learn:
- Principles of real estate, entitlement and construction
- Advanced real estate investment analysis
- Fundamentals of real estate finance, capital markets and land development
- Decision-making under risk and uncertainty
- Placemaking for future markets and communities
- Advanced real estate finance, technologies and data sources
- Foundations of urban economic principles
- Responsible property investment and sustainability
- Professional communication
- Professional practice ethics, policies and procedures
You’ll graduate ready to thrive as someone who can create and sustain multiple dimensions of value in one of the largest financial and asset markets in the world.
Funding is available for qualified students.
Earn your Master of Real Estate Development in as little as 12 months online, 18 months on campus
of Master of Real Estate Development graduates find employment in the field within a year of graduation
substantive areas of focus: Real Estate Development Analysis, Real Estate Development Finance and Real Estate Development Practice
Curriculum & Courses
Full-time students earn the MRED in three semesters. Our flexible program allows working professionals to enroll part-time and earn the degree at a pace that works for them. Online students may earn the degree in as little as 12 months.
The MRED degree is comprised of three graduate certificates that may be earned individually or as one complete degree: Real Estate Development Analysis, Real Estate Development Finance and Real Estate Development Practice.View Curriculum & Courses »
Admissions & Cost
November 30: Priority Admissions Deadline
February 4: Round 2
March 7: Round 3 (Deadline for Graduate Assistantship Consideration and International Students without Visa)
April 4: Round 4
May 15: Final Deadline (Domestic/International with Visa)
In-state, on-campus tuition and fees per semester (7+ units):
$5,969 tuition + $4450 program fees + $667 university fees
Out-of-state, on-campus tuition and fees per semester (7+ units):
$16,033 + $4,450 program fees + $667 university fees
Online program tuition and fees per unit:
$850/unit + $26.50 fees for 1-6 units or $53 fees for 7+ units
Subject to change.
Our graduates have found professional success in a variety of firms and public and private organizations, including commercial real estate services and investment firms, commercial and residential developers, financial services companies, commercial property valuation and advisory services firms, aerospace and defense companies, investment and advisory firms and property management services companies.View Career Outlook »
The CAPLA Student Experience
The Master of Real Estate Development is home to a diverse group of students, from recent graduates to experienced professionals, who join us from nearly every state in the nation and around the world.
You’ll have plenty of individual attention from faculty who are experts in the field, many of whom are practitioners themselves. The program has close ties to real estate industry leaders who share their expertise in the classroom as guest lecturers and through field trips and site visits.
Meet the Master of Real Estate Development Community
Xiaoqin (Heather) Shi '20 MRED
Heather Shi entered CAPLA's on-campus MRED program in Fall 2019 after earning her undergraduate degree in computer science and technology in China. Here, she's found real estate development finance to be particularly fascinating.
James Brian Marian, Adjunct Lecturer in Real Estate Development
James Brian Marian began at CAPLA in 2018. With a background in commercial real estate development, he not only teaches but also strives to help students find internships and career opportunities.
Brian Bidolli, Lecturer in Real Estate Development
Brian Bidolli joined CAPLA in 2017. In addition to teaching in the Master of Real Estate Development program, he conducts market research programs for the School of Landscape Architecture and Planning and serves as the executive director of the Norwalk Redevelopment Agency.
The MRED program is accepted by the Certified Commercial Investment Member (CCIM) Institute as one of its University Alliance program participants. The CCIM’s University Alliance program creates several advantages for students, including expediting how students earn CCIM designation after graduation.
Other program partners include:
- Urban Land Institute (ULI)
- Southern Arizona CCIM Chapter
- Commercial Real Estate Women (CREW)
- Pima County Real Estate Research Council (PCRERC)
- Tucson Association of Realtors (TAR)
Our Master of Real Estate Development program unites world-renowned faculty, passionate students and experienced professionals who collaborate to address future development challenges and opportunities.
Lauri Macmillan Johnson, Director, School of Landscape Architecture and Planning